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Archive of ‘bizhacking’ category

Getting unfocused causes your business to crash and burn


About 2 years ago I had the bright idea that I could multitask by managing or launching 5 different businesses. I had just come off an affiliate management gig, so I figured that it was the right time to work on 3 online businesses and 2 offline ones.

Bad idea.

This blog is the only survivor out of the lot. The victims included a half-completed (more…)

How to build a profitable long-term web business

A Singapore Chinese style roast meat food stall was sold for $4 million (about US$3.1 million) last week, about $500,000 than its initial asking price.

The stall, Kay Lee Roast Meat Joint, set up in the 1970s, by Ha Wai Kay, 64, and his wife Betty Kong, 68, is an instutition of sorts in the Paya Lebar area in Eastern Singapore.

They have sold the business, which includes a shophouse unit valued at $2.1 million, to a listed company, Aztech Holdings.

Kay Lee’s owners had set off talk in the food and beverage industry in 2012 when they first (more…)

How to use data to grow your online business

You could call the Internet economy, the information economy where data and knowledge have value. You could also call it the digital economy where the bits and bytes contain information that you could use to grow your business.

While most marketers will be aware of online news sources and spy tools, it’s worth taking a step back to gain a wider perspective of what’s out there and how you can use it to your advantage.

Whether you have your own product or you’re promoting someone else’s product as an affiliate, distributor or reseller, you can benefit from the following 3 types of business intelligence.

Technology intelligence: You might be doing search engine optimization (SEO) or some form of paid traffic. Now, stop. How much time do you (more…)

Empire building, one brick at a time


Who else wants an Internet empire?
It’s easy to look at any established online personality or company and make one of the following assumptions (or maybe both, depending on the day):

  1. It all appeared in a day and was largely due to luck, so this online stuff has many similarities to gambling and hitting a jackpot.
  2. It took nearly forever to come together, probably required a lot of people working on it and a lot of capital. Either or both resources that you don’t have.

The truth is probably somewhere in between. It will take some luck, but more focused effort to bring all these pieces together.

A rookie mistake when trying to build a business empire might be asking “How do I make $x per month?”

This implies that you can (more…)